Qwamplify: 2024 Turnover and Gross Margin Report

Qwamplify, a company specializing in digital marketing and media, announced pro forma revenue of €33 million for 2024, a slight increase of 0.5% compared to the previous year. Its gross margin saw a more significant increase of 7.1%, reaching €23 million. Over an exceptional 15-month fiscal year, revenue totaled €42.2 million and gross margin €29.1 million.

Despite continued growth, the company anticipates a decline in operating profit, particularly due to increased payroll and restructuring costs. The outlook for the first quarter of 2025 is cautious due to an economic slowdown and shrinking client marketing budgets.